Amazon Lockers are driving people to Whole Foods, but they’re staying less than 5 minutes

When customers say they want to run into Whole Foods to pick up a few things, they might not be talking about groceries. Whole Foods Market has seen an increase in foot traffic in the first quarter of 2019 versus the same quarter in 2018, according to data from inMarket, a marketing campaign and customer engagement specialist. However, the grocer, […]

Read more

Farfetch shares fall after widening losses

Farfetch Litd. FTCH, +7.38% shares fell more than 5% in the extended session Wednesday after the online clothing retailer reported wider-than-expected losses but beat consensus revenue estimates. The company reported first-quarter net after-tax losses of $109.2 million, or 36 cents a share, compared with after-tax losses of $50.7 million, or 20 cents a share, in the year-ago period. Adjusted for […]

Read more

Time to break up Facebook, says co-founder Chris Hughes

Facebook co-founder Chris Hughes says it’s time to break up the social media behemoth. In a New York Times opinion piece published Thursday, Hughes said CEO Mark Zuckerberg has turned Facebook into an innovation-suffocating monopoly. Hughes called Zuckerberg’s power “unprecedented and un-American” and said his co-founder’s focus on growth “led him to sacrifice security and civility for clicks.” Hughes roomed […]

Read more

Booking shares rise after earnings miss, mixed outlook

Booking Holdings Inc. BKNG, -0.89% shares rose in the extended session Thursday after the travel and reservations site’s results fell short of Wall Street estimates and a mixed outlook. Booking shares rose 4.8% after hours, following a 0.9% decline to close the regular session at $1,736.03. The company reported first-quarter bookings of $25.41 billion, while analysts surveyed by FactSet had […]

Read more

CarGurus stock rallies after company’s Q1 profit, sales top views

Shares of CarGurus Inc. CARG, -0.22% rose as much as 17% in the extended session Thursday after the online car marketplace reported adjusted first-quarter per-share profit and sales above Wall Street expectations. CarGurus said it earned $12.6 million, or 11 cents a share, compared with $5.5 million, or 5 cents a share, in the year-ago period. Adjusted for one-time items, […]

Read more

Expedia simplifies ownership structure with purchase of Liberty Expedia

Expedia Group Inc. EXPE, -0.27% announced on Tuesday that it has entered into an agreement to acquire the Liberty Expedia Holdings Inc. LEXEA, -0.07% tracking stock in an all-stock deal. Through the arrangement, holders of Liberty Expedia’s class A and class B shares will get 0.36 shares of Expedia’s common stock for every Liberty Expedia share. Expedia will retire 3.1 […]

Read more

Michelle Obama’s ‘Becoming’ could become best-selling memoir ever

Michelle Obama’s memoir “Becoming” is closing in on 10 million copies sold since its release in November, and it’s on pace to set a sales record, according to figures cited in the Wall Street Journal from publisher Penguin Random House “We believe this could be the most successful memoir in history,” said Thomas Rabe, CEO of Bertelsmann SE, which owns […]

Read more

Criteo stock slips again after KeyBanc, SunTrust downgrades

Shares of Criteo SA CRTO, -7.14% are down 3.5% in premarket trading Tuesday after analysts at KeyBanc Capital Markets and SunTrust Robinson Humphrey cut their ratings on the stock, citing a report from AdWeek that suggested Alphabet Inc.’s GOOGL, +0.36%GOOG, +0.33% Google might be considering changes to the targeting policies around its browser. "Incentives and anti-trust issues make a full […]

Read more

Netflix just dropped the ‘Stranger Things’ Season 3 trailer, and it’s already been watched 3.1 million times

Netflix is turning this summer Upside Down. The streaming service dropped its trailer for the third season of “Stranger Things” on Wednesday morning, and it racked up more than 3.1 million views on Twitter in just its first few hours. Season 3 of Netflix’s surprise supernatural hit, which follows a group of kids coming of age in the fictional town […]

Read more
1 2 3 16